Market & Industry
Changsha grants new vehicle buyers subsidy of up to RMB3,000 per car
Changsha grants new vehicle buyers subsidy of up to RMB3,000 per car

Following Foshan and Guangzhou, Changsha, capital of Hunan province, has also put forwarded the policy to subsidize new car purchase as part of efforts to boost automobile spending amid the anti-coronavirus fight.

Mar. 16 , 2020
Geely, Daimler set up ride-hailing service subsidiary in Beijing
Geely, Daimler set up ride-hailing service subsidiary in Beijing

Geely and Daimler extended their mobility cooperation reach to Beijing by building there a joint venture which will focus on providing premium ride-hailing services.

Mar. 16 , 2020
MIIT supports priority in work resumption of Hubei auto parts suppliers
MIIT supports priority in work resumption of Hubei auto parts suppliers

Given that the epidemic in Hubei province has been effectively contained, the resumption of local businesses’ operation and production should be addressed now.

Mar. 16 , 2020
First Lincoln’s China-built model go on sales with starting price of RMB246,800
First Lincoln’s China-built model go on sales with starting price of RMB246,800

The all-new Lincoln Corsair, the first China-built Lincoln-branded model, hit the market on March 12. Offered in five variants in total, the compact SUV is priced between RMB246,800 and RMB345,800.

Mar. 13 , 2020
Changan Automobile’s Jan.-Feb. sales slide 34.8% year on year
Changan Automobile’s Jan.-Feb. sales slide 34.8% year on year

Chongqing Changan Automobile Co.,Ltd (Changan Automobile) said its Feb. auto sales slumped 73.7% from a year ago, versus the 79.1% decrease in China's overall sales announced by the China Association of Automobile Manufacturers (CAAM).

Mar. 13 , 2020
Startup Skywell joins string of mask-producing automakers
Startup Skywell joins string of mask-producing automakers

Skywell, a extremely young NEV brand launched at the end of 2019, also became one of crossover mask producers.

Mar. 12 , 2020